Cegedim Balance Sheet Health
Financial Health criteria checks 3/6
Cegedim has a total shareholder equity of €296.2M and total debt of €249.3M, which brings its debt-to-equity ratio to 84.2%. Its total assets and total liabilities are €983.7M and €687.4M respectively. Cegedim's EBIT is €28.6M making its interest coverage ratio 2.4. It has cash and short-term investments of €35.4M.
Key information
84.2%
Debt to equity ratio
€249.28m
Debt
| Interest coverage ratio | 2.4x |
| Cash | €35.41m |
| Equity | €296.21m |
| Total liabilities | €687.44m |
| Total assets | €983.65m |
Recent financial health updates
These 4 Measures Indicate That Cegedim (EPA:CGM) Is Using Debt Extensively
Jun 27
These 4 Measures Indicate That Cegedim (EPA:CGM) Is Using Debt Extensively
Sep 22Cegedim (EPA:CGM) Seems To Use Debt Quite Sensibly
Apr 05Recent updates
There May Be Reason For Hope In Cegedim's (EPA:CGM) Disappointing Earnings
Oct 04Cegedim SA's (EPA:CGM) CEO Will Probably Struggle To See A Pay Rise This Year
Jun 18Getting In Cheap On Cegedim SA (EPA:CGM) Might Be Difficult
Feb 01These 4 Measures Indicate That Cegedim (EPA:CGM) Is Using Debt Extensively
Jun 27When Should You Buy Cegedim SA (EPA:CGM)?
Mar 25These 4 Measures Indicate That Cegedim (EPA:CGM) Is Using Debt Extensively
Sep 22Is Now The Time To Put Cegedim (EPA:CGM) On Your Watchlist?
Mar 03Is Cegedim SA (EPA:CGM) Trading At A 26% Discount?
Jun 04Should You Think About Buying Cegedim SA (EPA:CGM) Now?
May 20Cegedim (EPA:CGM) Seems To Use Debt Quite Sensibly
Apr 05Cegedim's (EPA:CGM) Shareholders Are Down 33% On Their Shares
Mar 21Are Investors Undervaluing Cegedim SA (EPA:CGM) By 43%?
Mar 05What Is Cegedim SA's (EPA:CGM) Share Price Doing?
Feb 12
What Is The Ownership Structure Like For Cegedim SA (EPA:CGM)?
Jan 25Cegedim SA (EPA:CGM) Delivered A Weaker ROE Than Its Industry
Jan 06What Does Cegedim's (EPA:CGM) CEO Pay Reveal?
Dec 20Does Cegedim's (EPA:CGM) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 06Cegedim's (EPA:CGM) Stock Price Has Reduced 26% In The Past Three Years
Nov 23Financial Position Analysis
Short Term Liabilities: CGM's short term assets (€338.3M) do not cover its short term liabilities (€384.7M).
Long Term Liabilities: CGM's short term assets (€338.3M) exceed its long term liabilities (€302.7M).
Debt to Equity History and Analysis
Debt Level: CGM's net debt to equity ratio (72.2%) is considered high.
Reducing Debt: CGM's debt to equity ratio has reduced from 101.6% to 84.2% over the past 5 years.
Debt Coverage: CGM's debt is well covered by operating cash flow (37.2%).
Interest Coverage: CGM's interest payments on its debt are not well covered by EBIT (2.4x coverage).